Stock market today: Asian shares mostly rise after Wall Street rally led by Nvidia

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Joe Biden News

Donald Trump,Stephen Innes,World News

Asian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia.

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A trader works on the floor at the New York Stock Exchange in New York's Financial District Thursday, Jan. 2, 2025. A currency trader works near a screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Jan. 7, 2025.

Investors are also watching for possible policy changes under incoming President Donald Trump, whose term is beginning soon, said Stephen Innes, managing partner at SPI Asset Management. Uber Technologies drove 2.7% higher after the ride-hailing app said it would accelerate $1.5 billion in purchases of its own stock, part of a previously announced $7 billion buyback program.

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Stock market today: Asian shares mostly rise after Wall Street rally led by NvidiaAsian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia. Benchmarks rose in early Tuesday trading in Japan, South Korea and Australia, while sliding in Hong Kong. U.S. indexes recover more of their holiday-season slide. The S&P 500 climbed 0.
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Stock market today: Asian shares mostly rise after Wall Street rally led by NvidiaAsian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia.
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Stock market today: Asian shares advance, tracking rally on Wall StreetShares have advanced in Asia after Wall Street resumed its upward climb as an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve.
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